IPO - LeddarTech Holdings Inc.
Form Type: POS AM
Filing Date: 2025-01-31
Corporate Action: Ipo
Type: Update
Accession Number: 000121390025008730
Filing Summary: This document is a Post-Effective Amendment No. 2 to Form F-1 Registration Statement under the Securities Act of 1933 for LeddarTech Holdings Inc. This Amendment is filed to include updated audited financial statements for the fiscal year ended September 30, 2024, and other relevant disclosures in the prospectus, such as management analysis and updated business activities since the registration statement's original effective date. The Company has registered the offer and sale of up to 20,000,000 Common Shares, which may be issued to YA II PN, Ltd. (Yorkville) under a Standby Equity Purchase Agreement that commenced on April 15, 2024. The issuance includes approximately 19,836,637 shares that may optionally be sold to Yorkville and 163,363 shares issued as an upfront commitment fee. The remaining shares represent about 34% of the total outstanding shares as of January 16, 2025, signaling a significant offering size that may affect market dynamics. The document notes that the Common Shares are traded on the Nasdaq Global Market under the symbol LDTC, with the last reported trading price noted as US$1.01 on January 28, 2025. The amendment establishes the Company's current reporting and registration requirements as an emerging growth company, adhering to reduced public company standards.
Document Link: View Document
Additional details:
State Or Other Jurisdiction Of Incorporation: Canada
Irs Employer Identification Number: 98-1776150
Address Of Registrant: 4535, boulevard Wilfrid-Hamel, Suite 240, Québec G1P 2J7, Canada
Agent For Service: LeddarTech USA Inc., c/o The Corporation Trust Company, 1209 Orange Street, Wilmington, DE 19801
Proposed Sale Start Date: From time to time after this registration statement becomes effective
Common Shares Offered: 20,000,000
Number Of Common Shares Issued To Yorkville: 7,195,222
Number Of Remaining Common Shares: 12,641,415
Last Reported Sale Price: US$1.01
Date Of Last Reported Sale Price: 2025-01-28
Common Share Symbol: LDTC
Has Right To Issue Up To Usd: 50.0 million
Initial Effective Date: 2024-06-03
Form Type: POS AM
Filing Date: 2025-01-31
Corporate Action: Ipo
Type: Update
Accession Number: 000121390025008965
Filing Summary: This document is a Post-Effective Amendment No. 2 to Form F-1 Registration Statement under the Securities Act of 1933 for LeddarTech Holdings Inc. It includes updates and new disclosures, primarily focusing on the Company's audited financial statements for the fiscal year ending September 30, 2024, along with an updated prospectus. The filing does not register additional securities but updates the prior registration with new business activities and financial information. The Company offers a primary offering of up to 10,833,333 Common Shares and a secondary offering of up to 40,582,699 Common Shares, which includes shares beneficially owned by selling securityholders. The document highlights the Common Shares are related to various warrants, with details regarding terms of the Public and Private Warrants, their exercise prices, and their market implications. Significant emphasis is placed on the potential risks related to ownership of the securities and their market price fluctuations, especially in relation to the amount received from warrants exercised.
Document Link: View Document
Additional details:
Registration Number: 333-277045
Audited Financial Statements Date: 2024-09-30
Total Outstanding Common Shares: 37591562
Last Reported Price Common Shares: 1.01
Last Reported Price Public Warrants: 0.0928
Common Shares Primary Offering: 10833333
Common Shares Secondary Offering: 40582699
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